Be careful with that thing. It could put someone’s eye out. That’s the upshot from a Sussex County, Delaware, judge’s ruling that State Farm doesn’t have to indemnify a policyholder in a paintball injury lawsuit. The June 7 ruling involves …
At least one insurer in Texas has filed to add an endorsement to the homeowners policy that would require mandatory mediation-arbitration in claim disputes. The endorsement would be attached to a homeowners policy at the policyholder’s option, with a premium …
Chubb has added cyber bullying coverage to its Canadian Masterpiece Family Protection policy to help cover clients and their families from the expenses associated with a cyber bullying incident. Chubb’s cyber bullying coverage provides up to $60,000 in compensation to …
Officials say four homes were destroyed and 200 more were damaged by flooding in Wyoming. The Ranger reported that the American Red Cross says flood waters in the Wind River Basin destroyed the Fremont County homes in early May. The …
Edison Insurance Co. has launched an online quoting system that offers specific premium quotes for homeowners insurance coverage in Florida. According to Clint Strauch, Edison Insurance president and co-founder, Edison has developed a system that allows potential policyholders to obtain …
This post is part of a series sponsored by CoreLogic. “I’m paying $574,000 for this house, but it only needs to be insured for $225,000?” Agents often find themselves answering questions like this because consumers can be confused when it …
The California Earthquake Authority is taking the opportunity to tout its financial strength on the 110-Year anniversary of 1906 San Francisco Earthquake. CEA, a not-for-profit publicly managed organization that provides residential earthquake insurance, said it would be able pay all …
A.M. Best has revised the outlook to positive from stable and affirmed the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb+” of Farm Bureau Mutual Insurance Co. of Michigan and Farm Bureau General Insurance Co. …
Representatives of a man shot and killed after he broke into a Helena, Mont. home have filed a wrongful death lawsuit against the shooter. The Independent Record reported that the suit filed on behalf of the estate of Henry Thomas …
Weather incidents account for more than half of all homeowners insurance claims, with wind, pipes freezing and bursting, roof and flashing leaks and ice dams among the major causes of home damage during weather events. Fire-related claims are the most …
